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Dec 19, 2012
12/12
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found in the home in a man in carson city, nevada. they discovered the treasure after he died. they searched for a relative and lo and behold a cousin that will inherit the coins and it occurs the first 'cause will have is to pay estate tax of a million and a half. she gets 5 million tax free. thankfully the gentleman died this year and not next year. >> after january 1st, y have estate taxes kicking in 50% level for a lot less and people are kind of managing their deaths now, this is how pathetic our tax code has gotten. every once in a while you hear the stories of unassuming quiet person who dies and leaves a fortune in the mattress. i just hope that i'm one of the lucky ones some day. stuart: i'm going to tell you a quick story after fella i knew 20 years ago, inherited from a long lost awningcle, 300 shares in a company called berkshire mills, ring a bell? >> yes. >> a precursor of berkshire hathaway and turned berkshire mills, a shell company, and turned that into berkshire hathaway, when this guy discovered that he got 300 shar
found in the home in a man in carson city, nevada. they discovered the treasure after he died. they searched for a relative and lo and behold a cousin that will inherit the coins and it occurs the first 'cause will have is to pay estate tax of a million and a half. she gets 5 million tax free. thankfully the gentleman died this year and not next year. >> after january 1st, y have estate taxes kicking in 50% level for a lot less and people are kind of managing their deaths now, this is how...
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Dec 18, 2012
12/12
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that's what the kids start off with. you could tell i'm a city boy. david: all kinds of tobacco products. stuart: i'm astonished by that huge amount of advertising. >>> one man logs 1 million miles of air travel in one year. he loves it. my take on that is next. he loves risk. but whether he's climbing everest, scuba diving the eat barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing nd being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. stuart: you know, you hear a lot of complaints about flying. bad food, no food, pay extra for everything, delays, high prices, okay, we got it all. flying ain't what it used to be. but let me introduce you to someone who loves it, indeed he spends his life at 30,000 feet. here's my take on him. he's a consultant. he visits car dealerships and tells them how to shape up, incredibly
that's what the kids start off with. you could tell i'm a city boy. david: all kinds of tobacco products. stuart: i'm astonished by that huge amount of advertising. >>> one man logs 1 million miles of air travel in one year. he loves it. my take on that is next. he loves risk. but whether he's climbing everest, scuba diving the eat barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him...
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Dec 20, 2012
12/12
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liz: cities have been doing it right asking people to forfeit and hand over their guns. i don't want to live in a country with everybody having a gun. it is a terrible lawful or if it trend given what happened last friday. stuart: anything to add? charles: i think the nra will say something to the effect that they are willing to compromise with respect to certain, quote, assault rifles but the notion, you bring up a great point because the same people that say there's no way to round up thirty million illegal immigrants and get out of the country are saying we could round up three hundred million guns and dispose of them in yucca mountain somewhere. stuart: last friday's horrific effect in connecticut that created a >> in public opinion, it was an event which will change future policy. no matter what -- charles: when the president spoke he immediately said he was for the second amendment. [talking over each other] liz: senator john rockefeller as saying listen, the impact of violent video games have to be taken into account. hollywood remains silent on the impact on gene
liz: cities have been doing it right asking people to forfeit and hand over their guns. i don't want to live in a country with everybody having a gun. it is a terrible lawful or if it trend given what happened last friday. stuart: anything to add? charles: i think the nra will say something to the effect that they are willing to compromise with respect to certain, quote, assault rifles but the notion, you bring up a great point because the same people that say there's no way to round up thirty...
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the greatest manufacturing city in the world at the time, and it peaked. they have been democrat ever since. they have fallen off a cliff. 40% of the street lights don't work. 33% -- they spent 33% more than they take in. 47% of the people there are functional illiterates. and number two highest violent crime rate of any middle to large-sized city in the country. so you've got a couple things here. you have chosen a path. you said you know what? we like the idea that the democrats are giving to us and you have gone down this path for 50 years and you have nothing to show for it but despair. a bailout is not going to solve your problem. think about what you are doing when you go to vote. would a bailout be a gift, with someone saying straighten your life out now. stuart: i agree with you. this is surely a larger picture here. if detroit wants it and appeals to the president to get some money because they voted for the president, what about california? what about illinois? what about any other of the states which voted overwhelmingly for president obama and
the greatest manufacturing city in the world at the time, and it peaked. they have been democrat ever since. they have fallen off a cliff. 40% of the street lights don't work. 33% -- they spent 33% more than they take in. 47% of the people there are functional illiterates. and number two highest violent crime rate of any middle to large-sized city in the country. so you've got a couple things here. you have chosen a path. you said you know what? we like the idea that the democrats are giving to...
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Dec 31, 2012
12/12
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the party startening new zealand and australia, auckland, sydney, the first cities in the world to celebrate the new year, i guess new zealand is over the cliff. sydney and japan and australia, and either on the edge of the cliff or just tipped over. all right. that's new year's eveover seas, let's check in on the celebration at home. lauren simonetti from times square, i have only one observation, unless you're drinking heavily, drunk as a skunk you're going to be cold tonight, isn't that right? >> or this morning, i've got my hand warmers over here, my space heater over year, stuart. >> really? >> in 1917. i'm so glad i wasn't alive then. stuart: a question for you. >> go ahead. stuart: in america we say you have goose bumps when you're very cold. in england we say you're hen-fleshed. are you either this morning? >> i am both, put together. times a hundred. stuart: excellent. >> i look like rudolph with my nose. stuart: may i recommend you wear a hat and i'm losing my hair and-- >> i do, i have a hat with me as well as ear warmers just not for this hit. can i tell you some things going on
the party startening new zealand and australia, auckland, sydney, the first cities in the world to celebrate the new year, i guess new zealand is over the cliff. sydney and japan and australia, and either on the edge of the cliff or just tipped over. all right. that's new year's eveover seas, let's check in on the celebration at home. lauren simonetti from times square, i have only one observation, unless you're drinking heavily, drunk as a skunk you're going to be cold tonight, isn't that...
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Dec 12, 2012
12/12
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missouri has the only major city we found with the average price of regular we called a two handle. and in the next hour, the gas buddy joins us and where you can find the cheapest gas in your area. and 10:45. new figures from the u.s. census bureau shows about 100,000 more people left california than moved in. that's a net out migration in 2011. shockingly enough, mike reagan was not one of them. he joins us now bright and early from los angeles. thank you for getting up so early in los angeles, we appreciate it, mike. now-- >> you've got it. thank you very much. stuart: i thought i'd get you out, sorry about that. why are all of these people leaving? conventional wisdom has it, it's taxes, taxes, taxes. is it something more? >> how about lack the education? the school system used to be number one is now 49th in the country and taxes another reason for it, cost of living another reason for it and no vision into the future that's going to get better and somebody said in california the houses are free. and the weather is what costs you money. and people came to a point saying, hey, m
missouri has the only major city we found with the average price of regular we called a two handle. and in the next hour, the gas buddy joins us and where you can find the cheapest gas in your area. and 10:45. new figures from the u.s. census bureau shows about 100,000 more people left california than moved in. that's a net out migration in 2011. shockingly enough, mike reagan was not one of them. he joins us now bright and early from los angeles. thank you for getting up so early in los...
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new york city water is the best of the world. new york city water comes from streams which passed through my property in upstate new york. the water is pristine. dole's bill that coffee. that's $9. >> i'm going to do 30 his today. and need to be well decaffeinated. stuart: said he had one of those $7 cuffe's? aha. >> not yet. stuart: legalize pot. a great show today. people lighting up without fear of punishment. he joins the company. lamar states joined kara and washington? will federal agents moved in and make arrests? that's coming up in just a few minutes. i think we have all of the fiscal cliff to death. fiscal could fatigue. fed up with tooling politicians. the holidays are upon us. so i am going to pass judgment on something entirely different. i'm going off the financial reservation. here is my take on tattoos. i hate them. i am contentious of them. they don't decorate the human body, the pilot. those judges should jump on the bandwagon are at best misguided. do you really think the 20 years from now you will still love s
new york city water is the best of the world. new york city water comes from streams which passed through my property in upstate new york. the water is pristine. dole's bill that coffee. that's $9. >> i'm going to do 30 his today. and need to be well decaffeinated. stuart: said he had one of those $7 cuffe's? aha. >> not yet. stuart: legalize pot. a great show today. people lighting up without fear of punishment. he joins the company. lamar states joined kara and washington? will...
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Dec 24, 2012
12/12
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only citi price rewind automatically searches for the lowest price. and if it finde, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. david: joining us one of my favorite people, scott shellidy from the cme. we just heard a lot of talk about how we are heading towards the fiscal cliff, whether they want to or not, i don't care, but the fact is if we do, does that mean we will be hitting another recession? >> well, it's funny how we talk about the fiscal cliff and we ignore the fact that our economy is no better off than we really were say even two years ago. for the fed to come in with 6 1/2% unemployment rate in their last meeting. it would take four to five years of 200,000 jobs per month. we are going to be nowhere near that. these politicians are using that at some sort of leverage to get what they want. we can't afford to have any trip-ups. david: i agree with you,
only citi price rewind automatically searches for the lowest price. and if it finde, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. david: joining us one of my favorite people, scott shellidy from the cme. we just heard a lot of talk about how we are heading towards the fiscal cliff, whether they want to or...
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Dec 13, 2012
12/12
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the lowest, $3.01 a share and missouri is the only city, only place, rather, where we found major cities with the average price under $3. again, the star is st. louis, at 298. let's get back to apple, losing its cool, maybe. and mark is still with us, the editor in chief of laptop magazine. all right. i want to talk about-- let's see, this is the microsoft surface tablet, all right. >> yes. stuart: now, is this a threat to apple's dominance of the tablet market and apple's dominance of cool? do you like this thing? >> in the short-term i don't think it's a threat, but there are some things that surface has especially for workers that the ipad doesn't, one of the things off the bat you'll notice this has a smart cover, sort of like the ipad, but this one has a deboard built in and you see on the back, this little kick stand in the design, lets you prop it it up. lets you use it as a mini laptop. stuart: do you guys in high-tech like this thing, acceptable, a real player in the tablet market from microsoft. >> yes. it's a qualified yes because it has potential, when you think about it this
the lowest, $3.01 a share and missouri is the only city, only place, rather, where we found major cities with the average price under $3. again, the star is st. louis, at 298. let's get back to apple, losing its cool, maybe. and mark is still with us, the editor in chief of laptop magazine. all right. i want to talk about-- let's see, this is the microsoft surface tablet, all right. >> yes. stuart: now, is this a threat to apple's dominance of the tablet market and apple's dominance of...
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Dec 11, 2012
12/12
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you can move out of the city. you can change the process and get involved in the same way -- stuart: i understand point. [talking over each other] stuart: voting to make michigan a right to work state. that is the democratic process. that is what is happening here. >> these people on lawfully legally expressing their opinion today. we have a mess on our hands. stuart: let me throw this that you. in the last ten years the employment level, the number of jobs in right to work states has gone up 10%. the employment level in non right to work states like michigan has gone 1%. don't you think there's something to be said for being right to work in terms of getting more jobs to your state? good jobs at a toyota or honda? >> there is no more pro-business mayor in the state or the country but i can tell you as you know as a business reporter there tweet types of lies, lies, damn lies and statistics. i didn't make that up but i can show you statistics the other way that taps 6 of the top ten states in unemployment, six of
you can move out of the city. you can change the process and get involved in the same way -- stuart: i understand point. [talking over each other] stuart: voting to make michigan a right to work state. that is the democratic process. that is what is happening here. >> these people on lawfully legally expressing their opinion today. we have a mess on our hands. stuart: let me throw this that you. in the last ten years the employment level, the number of jobs in right to work states has...
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Dec 10, 2012
12/12
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remember, a city council woman last week said the city deserves a federal bailout because the city helped reelect the president. >> after the election of jimmy carter, the honorable coleman alexander young, he went to washington d.c., and came back home with some bacon. stuart: well, you heard the rest from there. the lady goes on to say it's a quid pro quo give us the monny because we voted for you. the question, will the president offer any hint of a bailout, bailout help for deeroit today. will he address union anger at michigan's right to work legislation? this goes to the heart of government spending and the position of organized labor in president obama's second term. we're right there in michigan. let's go to facebook. weigh in on what's happening there. will detroit get a bailout and what do you think about the unions? will they win? good questions all. now, one of the worst blowouts in nfl history. seattle seahawks beat arizona cardinals 58-0. the cardinals threw four interceptions fumbled four times and gained 154 yards and seattle undefeated at home and then there's this. the n
remember, a city council woman last week said the city deserves a federal bailout because the city helped reelect the president. >> after the election of jimmy carter, the honorable coleman alexander young, he went to washington d.c., and came back home with some bacon. stuart: well, you heard the rest from there. the lady goes on to say it's a quid pro quo give us the monny because we voted for you. the question, will the president offer any hint of a bailout, bailout help for deeroit...
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Dec 14, 2012
12/12
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louis, still the standout major city and the average price there, regular under $3, 298 to be precise. i've got two headlines for you on obamacare, number one, the chief executive at aetna says health insurance premiums for some businesses and individuals may double when obamacare arrives. and item two, some ceo's are warning of layoffs when that new medical device tax hits on january the 1st. joining the company now is ed connor, the author of unintended consequences and formerly worked at bain with mitt romney. >> thank you for having me. stuart: this medical device tax, 2.3%, that's not a heavy duty tax. it arrives on january the 1st and these people are talking about layoffs? i think that's a little bit overdone. what say you? >> well, i would agree with you. keep in mind. the company earns 10% on sales and a 25 reduction in profits and impact on the market value of the company. they're going to be very, very cautious, i think this'll be reluctant to pass the prices through, in the short run i think they'll-- >> i'm surprised to hear you say that. you kicked capitalists, if you ha
louis, still the standout major city and the average price there, regular under $3, 298 to be precise. i've got two headlines for you on obamacare, number one, the chief executive at aetna says health insurance premiums for some businesses and individuals may double when obamacare arrives. and item two, some ceo's are warning of layoffs when that new medical device tax hits on january the 1st. joining the company now is ed connor, the author of unintended consequences and formerly worked at...
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that murder-suicide involving the kansas city linebacker brings on the call for gun control and the possibility of head injuries in football and drugs and alcohol. all right, everybody, monday morning, "varney & company" about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba ding the great rrier reef with sharks, or jumping into the marke he goes with people he trus, which ishy he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what haens, which isn't rocketcience. it's just common sense, from td ameritrade. well, having a ton olocations doesn't hurt. a santa to boot! [ chuckles ] rigight, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. and waiting in line. i don't have to leave my desk and get upnd go to the post office anymore. [ male announcer ] with stamps.com, you can print real u.s. stage for all your letters and packages. it gives you the exact amou
that murder-suicide involving the kansas city linebacker brings on the call for gun control and the possibility of head injuries in football and drugs and alcohol. all right, everybody, monday morning, "varney & company" about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba ding the great rrier reef with sharks, or jumping into the marke he goes with people he trus, which ishy he trades with a company that doesn't nickel and dime...
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Dec 27, 2012
12/12
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our guest was among those outed by the journal news. he is also one city council for the town. welcome to the program. >> thank you for having me. you are held in high regard by a lot of colleagues. stuart: when you are angry. you are one of those who was out. your name is in the paper, your address, you have a handgun. you are not happy. >> i am a public figure. my address is out there. now that everyone knows where i live they know that a handgun is in the house. i'm worried about cops, retired correction officers and judges also on the list and obviously now they have risked their lives for 20 years, they are retired now. stuart: what about those people who are not on the list? 5 one to do them harm now i know they are not protecting themselves with a legal handgun and that is not good. >> the journal news created a harmful situation. would you have is a blueprint for criminals. they know who has a gun and they can go steal a gun. stuart: adam shapiro is here. we were talking during the break. criminals don't read websites. >> can we take a step back and a collective sigh of
our guest was among those outed by the journal news. he is also one city council for the town. welcome to the program. >> thank you for having me. you are held in high regard by a lot of colleagues. stuart: when you are angry. you are one of those who was out. your name is in the paper, your address, you have a handgun. you are not happy. >> i am a public figure. my address is out there. now that everyone knows where i live they know that a handgun is in the house. i'm worried about...
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the other night i left the fiscal cliff behind and took a walk through new york city. it was great. the lights, the christmas tree, rockefeller center, crowds of people with their children. was such a switch. "varney and company" will not walk away from the fiscal cliff but we will bring you the real america, the responsible america, the way it is and the way it ought to stay. i hope you all have a wonderful american weekend. test test. there is no mass-produced human. every human being is unique. and there is one store that recognizes it. the sleep nuer store. the only place in the world you'll find the extraordinarilcomfortable sleep number experience. an exclusive collectioof innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to your size and shape. temperature-balancing bedding. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that alls you to adjust to the support your body needs. each of your bodies. in the name of human individuality: the sleep number collection. discover how our sleep p
the other night i left the fiscal cliff behind and took a walk through new york city. it was great. the lights, the christmas tree, rockefeller center, crowds of people with their children. was such a switch. "varney and company" will not walk away from the fiscal cliff but we will bring you the real america, the responsible america, the way it is and the way it ought to stay. i hope you all have a wonderful american weekend. test test. there is no mass-produced human. every human...
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Dec 21, 2012
12/12
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stuart: will sit in an auction room in new york city, taking bids from all over the world by computer and people with paddles in the audience. and you are expecting more than $5 million. >> that we are hoping for. you never know on the day. >> you will be disappointed. >> i will be disappointed if it does not sell for more than $10 million. between $5 billion and $10 million of the stuart: speech was on money. it was a real pleasure. all whole company avant-garde. thank you for bringing it in the studio. i want to look at it closely. i want to appreciate art for playing the heart. gerri: beautiful. stuart: it is beautiful. one west question. madonna and child and pomegranate. what is with that? >> pomegranate was a symbol of christ's death and resurrection so the child is often seen holding pomegranate. stuart: i didn't know that. thank you very much. surprise surprise, the world did not end, we're all still here, no super volcanoes or oversize tsunamis. the p.t. barnums of this world would have been proud. charles has reaction. ri her bik. she ows the potential for making or losing m
stuart: will sit in an auction room in new york city, taking bids from all over the world by computer and people with paddles in the audience. and you are expecting more than $5 million. >> that we are hoping for. you never know on the day. >> you will be disappointed. >> i will be disappointed if it does not sell for more than $10 million. between $5 billion and $10 million of the stuart: speech was on money. it was a real pleasure. all whole company avant-garde. thank you...
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Dec 17, 2012
12/12
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we're up 9 points in the first 30 seconds of business. let's go to nicole. as we said we're following apple all morning long, downgraded by citi. 2 million share sales of its iphone in china this weekend and it's at 508 i see. >> this is the one we've been watching throughout the morning because it's been all over the place. now it's lower. right, we checked it moments before the pre-market and we saw it it at 510 and then it was down to 508 in negative territory and now virtually flat and record sales in china, but concerns about the supply, the asian supplier, and [inaudible] neutral from a buy and a price target reduction so the new price target, 575. that's down 675, not good if you were really hoping for apple to take off to a thousand. stuart: you know, it's nothing these days for analysts to shift their target price for apple by $100 in a single move. 675? oh, no, no, 575. now, that's quite a shift, is it not? no? >> it is a big shift and now what happened, as soon as it crossed 575, the price target, it's, you know, that's a big deal, right? and keep
we're up 9 points in the first 30 seconds of business. let's go to nicole. as we said we're following apple all morning long, downgraded by citi. 2 million share sales of its iphone in china this weekend and it's at 508 i see. >> this is the one we've been watching throughout the morning because it's been all over the place. now it's lower. right, we checked it moments before the pre-market and we saw it it at 510 and then it was down to 508 in negative territory and now virtually flat...
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silver bells ♪ silver bells ♪ it's christmastime in the city ♪ ♪ [ male announcer ] the markets keep moving. make sure the news keeps coming with thinkorswim by td ameritrade. use e news links breaki stories with possible breakout stocks, options with potential opportunity, futur and forex with in-depth analysis. it's an all-you-can-eat buffet for all things trading. thinkorswim by td ameritrade. it doesn't just deliver news. it's making new trade commission free for 60 days, plus get up to $600 when you open an account. ♪ [ engineevs ] ♪ [ male announcer ] ohwhat fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male annncer ] lea a 2013 e350 for $579 a month at your local mercedes-benz deale stuart: the rich in america donate big-time to charities. but who is paying for the deductions they get from the federal government for doing so? i'm not sure that really works, but anyway, an editorial piece from the washington post says, and i quote, the total charitable deduction will amount to 230 b
silver bells ♪ silver bells ♪ it's christmastime in the city ♪ ♪ [ male announcer ] the markets keep moving. make sure the news keeps coming with thinkorswim by td ameritrade. use e news links breaki stories with possible breakout stocks, options with potential opportunity, futur and forex with in-depth analysis. it's an all-you-can-eat buffet for all things trading. thinkorswim by td ameritrade. it doesn't just deliver news. it's making new trade commission free for 60 days, plus get...